Clifford Chance has advised Real I.S. Grundvermögen, a real estate fund belonging to Real I.S., on the acquisition of the RegerHof office and retail centre in Munich from Bayerische Hausbau. The parties have agreed not to disclose any details of the purchase price.

The property in central Munich comprises around 10,500 m² of office space across six floors and around 2,800 m² of retail space on the ground floor. The retail tenants are Rossmann, Tengelmann and a bakery outlet.

The RegerHof was awarded a gold certificate by the German Sustainable Building Council (DGNB) in autumn 2013.

It is part of the WelfenHöfe development, which comprises the LöwenHof, TassiloHof and RegerHof complexes on a 27,000 m² site.

The Clifford Chance team comprised partners Dr. Uwe Schimmelschmidt (Tax, Frankfurt) and Christian Trenkel, counsel Bettina Krause, senior associates Dorothea Schimmel and Martin Barlösius (all Real Estate, Munich) and counsel Dr. Dominik Thomer (Tax, Frankfurt).